Eutelsat Group (OTCMKTS:ETCMY) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Eutelsat Group (OTCMKTS:ETCMYGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.00 and traded as low as $0.47. Eutelsat Group shares last traded at $0.50, with a volume of 530 shares changing hands.

Eutelsat Group Stock Down 23.1 %

The company has a fifty day moving average price of $0.82 and a two-hundred day moving average price of $1.00.

Eutelsat Group Company Profile

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Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.

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